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buy bitcoin online. Bitcoin is a concurrency and a payment system. invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto.. introduced on 31 October 2008..There have been various claims and speculation concerning the identity of Nakamoto..The system is peer-to-peer and transactions take place between users directly, without an intermediary..Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency..Bitcoin is the largest of its kind in terms of total market value.. Bitcoins are created as a reward in a competition in which users offer their computing power to verify and record bitcoin transactions into the blockchain. This activity is referred to as mining and successful miners are rewarded with transaction fees and newly created bitcoins.. Besides being obtained by mining, bitcoins can be exchanged for other currencies, products, and services,When sending bitcoins, users can pay an optional transaction fee to the miners.29 This may expedite the transaction being confirmed..In February 2015, the number of merchants accepting bitcoin for products and services passed 100,000..Despite the fourfold increase in the number of merchants accepting bitcoin in 2014, the cryptocurrency did not have much momentum in retail transactions. The use of bitcoin by criminals has attracted the attention of financial regulators,legislative bodies,law enforcement, and media.Criminal activities are primarily focused on darknet markets and theft, though officials in countries such as the United States also recognize that bitcoin can provide legitimate financial services.so make a interest in buy bitcoin.. 16687
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